You have the skills and the customers are out there. Then you hit the admin. Revenue, the CRO, VAT thresholds, PRSI classes. It all sounds heavier than it actually is. Here is the honest version: becoming a sole trader in Ireland is the simplest and cheapest way to...
In this post, we’ll explain all you need to know about VAT if you’re running a business in Ireland.
Short answer: only when your turnover crosses Revenue's registration threshold, or when you choose to register voluntarily. Plenty of sole traders trade happily for years without a VAT number. The catch is that the test runs on a rolling 12-month figure, not the...
You’ve started a business. Revenue is growing. And now someone’s asking for your VAT number. Maybe it’s a B2B client, maybe it’s a public body looking at your tender, or maybe you’ve just realised you’re approaching the threshold...
You've been growing. Revenue is up, new clients are coming in, and somewhere in the back of your mind you're wondering: do I need to register for VAT? The answer depends on whether your taxable turnover has crossed the threshold, and which threshold applies to you...